Ep 553 Why 17.5% of Owners Are Burnt Out and Want to Sell
About this episode
This episode explores the rising trend of business owner burnout and its implications for selling companies.
More owners than ever say they are simply tired. A look at 10,255 PREScore ™ assessments over six years found that 17.5% pointed to burnout, not retirement, as the number one reason they want out. So the question went to two people who spend their days on the buy side, valuing companies and deciding what to pay. Lee McCabe is a private equity veteran who advises PE firms on the businesses they acquire . Jason Swenk built marketing agencies and spent time acquiring them. In this episode, you discover how to tell whether burnout is a signal to sell or a problem worth fixing first, and how a buyer prices the difference either way.
People in this episode
Host: John Warrillow
Guests: Lee McCabe, Jason Swenk
Topics covered
- burnout
- business valuation
- selling a business
- private equity
- entrepreneurship
Keywords
- burnout
- business owners
- sell
- private equity
- valuation
- entrepreneurship
- PREScore
Mentioned in this episode
Organizations: PREScore
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